50 +/- acre Multi-Family Development Site in Punta Gorda

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30295144
Property Subtypes: Multi-Family, Residential (Single Family)
Status: Pending
Gross Land Area: 49.33 Acres
Sale Price: $750,000
Unit Price: $15,203 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 4/29/2019

Overview / Comments

Multi-Family Development Opportunity - +/- 49 acres with 2 inter-connected lakes on Burnt Store Rd., in Punta Gorda. PD conditions state a retained base density of 49 units with a maximum building height of 38 feet. Property has a sunsetted DRC plan for the development of up to 80 units.

Excellent location between US 41 and I-75, with access from Taylor Rd., via Airport Road to the North and Jones Loop Road to the South. Nearby are Retail Shops, Medical and Service businesses including New Aldi & WaWa's, Publix, Walmart, Home Depot, Fisherman's Village and others. This is the exit for Punta Gorda airport & for downtown Punta Gorda with shopping, dining, parks and beaches.
Contact us for a detailed site analysis.

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Taxing Authority: Charlotte County
Tax ID/APN: 412317476001
Zoning: PD
Property Visibility: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,939 21,822 37,683
Median Age: 64.86 57.81 57.92
Households: 980 10,380 18,025

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